1997 Regular Session

HOUSE BILL 1118

File Code: Recordation and Transfer Crossfiled with: SENATE BILL 814
Sponsored By:
Delegate Finifter
Entitled:
Recordation and Transfer Taxes - Exemptions for Partnerships, Limited Liability Companies, and Corporations

Synopsis:

Providing for an exemption from the recordation tax and the State and county transfer taxes for transfers of title to real property to or from a partnership, limited liability company, or corporation that meet specified criteria.

Legislative History

House Action
2/6
First Reading Ways and Means
2/12
Hearing 2/27 at 1:00 p.m.
2/21
Hearing cancelled
3/10
Withdrawn
Senate Action
No Action
Bill indexed under the following Subjects:
COMMERCE AND BUSINESS -see also- SMALL BUSINESS
CORPORATIONS -see also- MERGERS
EXEMPTIONS
LIABILITY -see also- GOOD SAMARITAN
PARTNERSHIPS
REAL PROPERTY
RECORDATION -see also- TRANSFER TAX
REVENUE AND TAXES -see also specific taxes -
TRANSFER TAX -see also- RECORDATION
Bill affects the following Statutes:
Tax - Property
( 12-108 , 13-207 , 13-405 )

Documents:

Bill Text:
First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Not available at this time